Market News
K&H: an agrotechnological change is necessary
According to K&H’s agricultural sector development division, due to high yields in the world market and the large volume of stocks, farmers have to prepare for low product prices for...
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Beauty care product sales above the average
In the first half of 2016 retail sales of household chemicals and cosmetics valued at HUF 186 billion. Like-for-like value sale were up 5 percent but volume reduced by 2...
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Poultry sector gains momentum
In 2015 the poultry sector was responsible for 13.3 percent of the country’s agricultural output. The sector’s poultry breeding performance improved by 8 percent last year. 50,000-60,000 people work in...
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Ingredients that guarantee success
Housewives prefer those baking ingredients that guarantee success, even if they cost more than other products. Eszter Varga, trade marketing and category manager of Dr. Oetker Hungary told that the...
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Magazine: Japan, you are so sweet
Cake from water – only the Japanese can make something like this. It looks a bit like traditional Japanese sweet mochi and it is served with a sugar syrup and...
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Nielsen: 432 tonnes of chocolate Santas was sold last year
The food retail sector broke a record again last year in terms of season seasonal sweetness sales during the Christmas holidays. The stores achieved a more than ever, 3.4 billion...
Read moreThere is a lack of medium-sized breweries
The domestic beer producers’s revenues increased steadily over the past three years, but among the market participants there is an extremely lack for medium-sized plants – the analysis of the...
Read moreHungarian National Retail Federation: the minimum wage increase may cause problems to the SME sector
The government’s planned minimum wage increase may cause serious problems to the small and medium enterprises (SME) sector in 2017 – the Hungarian National Retail Federation called attention on Friday....
Read moreGKI: business and consumer expectations have improved
In November – after the three year nadir in October – the GKI economic index has strengthened to the levels of Spring. According to the survey of GKI (www.gki.hu), conducted...
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We might drink from 80 years old aluminum cans
Unbelievable but true: 75% of the aluminum cans produced and marketed ever are still in circulation, because it is constantly being recycled. So in the raw material of the cans...
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K&H: the SMEs expect sales and profit growth
The small and medium-sized enterprises (SMEs) expect a 6.9 percent revenue growth and a 4.6 percent profit growth in the next year – the most recent data of the K&H...
Read moreThere will be half a billion 5G mobile subscriptions around the world in 2022
Ericsson predicts that the number of 5G mobile subscriptions in 2022 will reach 550 million worldwide, in North America the quarter of the mobile subscriptions will be 5G subscriptions by...
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The Pénz7 program will be organized again
The Pénz7 series of programs will be held next March for the third time. The thematic week related to financial awareness and management was launched by the Hungarian Banking Association...
Read moreCorn yields decreased in Romania
Corn yields decreased in Romania by 5.6 percent to 8.47 million tonnes this year, compared to last year – the Romanian Ministry of Agriculture said on Monday. Experts expected a...
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Chamber of agriculture doesn’t support the reallocation of funds
The Hungarian Chamber of Agriculture (NAK) doesn’t support the idea of reallocating some of the European Union’s funds, originally earmarked for the agricultural sector. NAK formed its opinion after Copa,...
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Traxion85 tyres available in nine new sizes
Dutch tyre manufacturer Apollo Vredestein introduced nine new sizes in its Vredestein Traxion85 tyre range at the EIMA trade fair in Bologna. The speed marking of all sizes is A8/B...
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Magazine: What will the future bring for family businesses?
Family enterprises play an important economic role in both Europe and Hungary. In Hungary about 70 percent of companies are family-owned, and these firms produce more than half of the...
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Bread prices may increase in 2017
Consumers should calculate with the 30 percent increase in bread prices from January because the baking industry has to increase wages in order to retain the workforce – Magyar Hírlap...
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The international market launch of the Áldomás products has started in London
The international market launch of the Áldomás (Blessing) products has started in London. The community brand was established by the Hungarian National Trading House (MNKH) and contains high-quality premium food...
Read more130 billion HUFresources will be available this year inthe Rural Development Programme
About 130 billion HUF resources will be available this year in the Rural Development Programme – Madari Őrs, Agriculture and Rural Development Policy Advisor of the Prime Minister's Office said...
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Every year, we throw 100 billion HUF worth food away
The Hungarian households throw 100 billion HUF worth unused and uneaten food away – theMinister of State of the Ministry of Agriculture (FM) said on Friday in Budapest, at a...
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The new version of the catering regulation may bring likeable canteen
The new version of the catering regulation may bring likeable canteens – Gál Péter Zoltán, president of the Tourism and Catering Employers Association said. The specialist told M1 news channel...
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Hungary is a sunflower seed superpower
According to the Agricultural Economics Research Institute (AKI), in France 1.2 million tons of sunflower seed was harvested this year, while in Romania, Bulgaria and Hungary 1.8 million tons are...
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The Hungarian Internet users devote 30 thousand HUF for Christmas this year
This year, the Internet users can buy 12 percent more gifts from the shops for Christmas, compared to last year. This year, the Internet users will spend 30 500 HUF...
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With corporate tax cuts 145 billion HUF will stay at the businesses
In the wake of the uniform reduction of the corporate tax rate to 9 percent, 145 billion HUF will remain at the businesses and the step would provide the most...
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Hungarian customers are hunting for actions
The Hungarian customers are specifically “bargain hunters”, even if they can afford the buy discounted products. Seventy-two percent of them have heard about the Black Friday and an increasing portion...
Read moreAnalysts: The economy may accelerate at the end of the year
The 2.0 percent GDP growth in the third quarter met analysts' consensus. Suppan Gergely, the analys of Savings Bank in his commentary sent to MTI drew attention that growth may...
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GfK: health awareness seems to turn into a trend
The latest GfK research study of eating habits examines the affects of health consciousness on eating habits. The analysis appears regularly since 1989. According to the analysis, health consciousness is...
Read moreNot only tobacco shops can sell electronic cigarettes in the future
Not only tobacco shops can sell electronic cigarettes in the future, if the National Assembly – it is expected next week – approves the amendment of the tobacco law. According...
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